HAL vs. BKR

Last updated Apr 1, 2026

Compare and contrast key facts about Halliburton Company (HAL) and Baker Hughes Company (BKR).

Performance

HAL vs. BKR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Halliburton Company (HAL) and Baker Hughes Company (BKR). The values are adjusted to include any dividend payments, if applicable.

HAL vs. BKR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HAL Halliburton Company	38.64%	7.02%	-23.19%	-6.47%	74.45%	21.99%	-21.23%	-4.90%	-44.63%	15.03%
BKR Baker Hughes Company	34.56%	13.39%	23.11%	18.58%	25.96%	19.03%	-15.15%	23.01%	-30.43%	-14.15%

Fundamentals

Market Cap HAL : $32.75B BKR : $60.68B
EPS HAL : $1.51 BKR : $2.68
PE Ratio HAL : 25.85 BKR : 22.78
PEG Ratio HAL : 4.12 BKR : 0.12
PS Ratio HAL : 1.50 BKR : 2.18
PB Ratio HAL : 3.12 BKR : 2.81
Total Revenue (TTM) HAL : $22.18B BKR : $27.73B
Gross Profit (TTM) HAL : $3.50B BKR : $6.54B
EBITDA (TTM) HAL : $3.04B BKR : $3.34B

Returns By Period

In the year-to-date period, HAL achieves a 38.64% return, which is significantly higher than BKR's 34.56% return.

HAL

• 1D: -0.69%
• 1M: 8.83%
• YTD: 38.64%
• 6M: 60.28%
• 1Y: 57.90%
• 3Y*: 9.69%
• 5Y*: 14.31%
• 10Y*: 3.03%

BKR

• 1D: 0.61%
• 1M: -6.45%
• YTD: 34.56%
• 6M: 26.38%
• 1Y: 41.72%
• 3Y*: 31.34%
• 5Y*: 26.02%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

HAL vs. BKR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HAL

HAL Risk / Return Rank: 79
HAL Sharpe Ratio Rank: 82
HAL Sortino Ratio Rank: 77
HAL Omega Ratio Rank: 77
HAL Calmar Ratio Rank: 82
HAL Martin Ratio Rank: 77

BKR

BKR Risk / Return Rank: 75
BKR Sharpe Ratio Rank: 78
BKR Sortino Ratio Rank: 71
BKR Omega Ratio Rank: 74
BKR Calmar Ratio Rank: 78
BKR Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HAL vs. BKR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Halliburton Company (HAL) and Baker Hughes Company (BKR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	HAL	BKR	Difference
Sharpe ratio Return per unit of total volatility	1.31	1.13	+0.19
Sortino ratio Return per unit of downside risk	1.91	1.61	+0.30
Omega ratio Gain probability vs. loss probability	1.26	1.24	+0.02
Calmar ratio Return relative to maximum drawdown	2.39	2.02	+0.37
Martin ratio Return relative to average drawdown	4.99	4.58	+0.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HAL vs. BKR - Sharpe Ratio Comparison

The current HAL Sharpe Ratio is 1.31, which is comparable to the BKR Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of HAL and BKR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HAL	BKR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.31	1.13	+0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	0.74	-0.39
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.07	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.22	-0.08

Correlation

The correlation between HAL and BKR is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

HAL vs. BKR - Dividend Comparison

HAL's dividend yield for the trailing twelve months is around 1.74%, more than BKR's 1.51% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HAL Halliburton Company	1.74%	2.41%	2.50%	1.77%	1.22%	0.79%	1.67%	2.94%	2.71%	1.47%	1.33%	2.12%
BKR Baker Hughes Company	1.51%	2.02%	2.05%	2.28%	2.47%	2.99%	3.45%	2.81%	3.35%	56.42%	0.00%	0.00%

Drawdowns

HAL vs. BKR - Drawdown Comparison

The maximum HAL drawdown since its inception was -92.99%, which is greater than BKR's maximum drawdown of -73.51%. Use the drawdown chart below to compare losses from any high point for HAL and BKR.

Drawdown Indicators

	HAL	BKR	Difference
Max Drawdown Largest peak-to-trough decline	-92.99%	-73.51%	-19.48%
Max Drawdown (1Y) Largest decline over 1 year	-25.06%	-22.08%	-2.98%
Max Drawdown (5Y) Largest decline over 5 years	-54.01%	-46.53%	-7.48%
Max Drawdown (10Y) Largest decline over 10 years	-91.45%	—	—
Current Drawdown Current decline from peak	-34.20%	-6.45%	-27.75%
Average Drawdown Average peak-to-trough decline	-39.15%	-22.47%	-16.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.98%	9.74%	+2.24%

Volatility

HAL vs. BKR - Volatility Comparison

The current volatility for Halliburton Company (HAL) is 10.26%, while Baker Hughes Company (BKR) has a volatility of 12.13%. This indicates that HAL experiences smaller price fluctuations and is considered to be less risky than BKR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HAL	BKR	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.26%	12.13%	-1.87%
Volatility (6M) Calculated over the trailing 6-month period	26.13%	23.64%	+2.49%
Volatility (1Y) Calculated over the trailing 1-year period	44.35%	37.25%	+7.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.38%	35.24%	+5.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.95%	40.20%	+5.75%

Financials

HAL vs. BKR - Profitability Comparison

The chart below illustrates the profitability comparison between Halliburton Company and Baker Hughes Company over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

HAL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Halliburton Company reported a gross profit of 937.00M and revenue of 5.66B. Therefore, the gross margin over that period was 16.6%.

BKR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Baker Hughes Company reported a gross profit of 1.75B and revenue of 7.39B. Therefore, the gross margin over that period was 23.7%.

HAL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Halliburton Company reported an operating income of 746.00M and revenue of 5.66B, resulting in an operating margin of 13.2%.

BKR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Baker Hughes Company reported an operating income of 755.00M and revenue of 7.39B, resulting in an operating margin of 10.2%.

HAL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Halliburton Company reported a net income of 589.00M and revenue of 5.66B, resulting in a net margin of 10.4%.

BKR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Baker Hughes Company reported a net income of 948.00M and revenue of 7.39B, resulting in a net margin of 12.8%.